Tag: Engine Forex

Frankfurt – 07/05/2021 Back on Track After some pretty dull days with negative sentiment outweighing a positive outlook for the global economy, Friday saw a positive turn of events and most stock exchanges posted gains. Ironically, the much weaker-than-expected US labour market data were greeted with relief on the stock market today. This is because interest rate hikes are not …

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Frankfurt – 04/05/2021 Overvalued? Once again, there is a change of theme on the stock markets: while cyclical stocks are still in demand, tech stocks are being sold off. Given the increasingly clear economic upswing, which at the same time brings with it fears of inflation and interest rates, the technology sector is currently particularly affected by sell-offs. The rapid …

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Frankfurt – 03/05/2021 Hello May! At the beginning of May, investors in Europe and the USA showed no fear of the statistically weaker stock market month. Not even disappointing economic data could dampen investors’ buying mood. Only technology stocks were avoided.  Investors are counting on the big economic upswing after the Corona crisis. They are given hope by German retailers, …

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Frankfurt -30/04/2021 Come back in November? April brought gains predominantly for the international stock markets, but it still became a little more uncomfortable. Even though many companies were convinced with strong quarterly figures, various risk factors remain and are becoming increasingly apparent to some market participants.  Sell in May and go away!? Whether the old stock market adage, according to …

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Frankfurt – 29/04/2021 Trifecta The Biden plan and billions in profits from the three “big techs”, Facebook, Apple and Amazon, gave Wall Street new momentum today. There was a veritable round of figures with outstanding sales and profit figures for the first quarter.  US President Joe Biden promised the highest economic growth “in nearly four decades” in his speech on …

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Frankfurt -28/04/2021 More Cheap Money As expected, the US Federal Reserve is continuing its policy of cheap money for the time being. The monetary guardians around Fed Chairman Jerome Powell left the key interest rate in the range of zero to 0.25 per cent on Wednesday. The Fed wants to maintain their monthly securities purchases of 120 billion dollars until …

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Microsoft beats expectations IT giant Microsoft has published its figures for the third quarter of the year. For the technology group Microsoft did better in the third quarter than in the same period of the previous year. The company achieved earnings per share of 1.95 US dollars, after EPS of 1.40 US dollars a year ago. Analysts had previously expected …

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Frankfurt – 27/04/2021 Wait and See Again, there was little movement on the major global stock markets today as investors eagerly await the Fed and its interest rate decision tomorrow. In addition, quarterly figures from Google parent Alphabet, Microsoft, semiconductor equipment manufacturer Texas Instruments, Starbucks and Visa, among others, were on the agenda after the close of trading. Apple will …

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Tesla with a significant jump in sales and profits Tesla posted notable gains in both revenue and earnings in its first fiscal quarter. Tesla earned $0.93 per share in the first quarter, up from $0.248 per share a year earlier. This was more than analysts had expected, the consensus being 0.750 US dollars per share. Simultaneously, the electric carmaker posted …

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Frankfurt – 26/04/2021 Gimme Tech! As market participants and investors get ready for big tech’s balance sheet reports, the US stock market indices moved in different directions. More weight has been put behind tech companies, and cyclical blue chips were sought after less.  Wall Street is eagerly awaiting the real highlight of the reporting season, the quarterly reports of the …

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